Different types of sports betting
Sports bet is a bet in which money is spent on the occurrence of a sports result. Sports betting at top betting sites in Kenya are either fixed odds offered by the bookmaker, variable adder bets, or depending on the type of auction completed in Kolkata. In addition, there are so-called betting exchanges where users can place bets against each other over the Internet. Internationally, many bookmaker companies offer a large number of sports betting and thus achieve annual turnover of USD 700 billion to USD 1 trillion worldwide. In the traditional form of placing bets, the client goes to the bookmaker's office, where he fills out the coupon and deposits the bet in cash. However, online betting is much more popular today.
The world of sports, and especially sports betting, is just around the corner, with a lot of technical terms. In particular, for some betting systems, it is important that these terms are precisely defined and clarified.
International betting providers often use English and terms that have been used for decades. You can find many definitions and technical terms in this glossary, so you will be safe.
In sports betting, a major distinction is made between three betting methods - with all betting providers in the large sports betting test, you can choose one of these three bet types for the entire betting range:
- Single bet
- Combined rate
- System rate
Single bet
In a single bet, you place a bet on one bet event, and after receiving individual predictions, you can profit from the bets.
Thus, a single bet is not only the easiest, but also the most popular betting option among betting fans.
Most bookmakers generate about 80% of the turnover for bets on individual events, and with Live bets, the share of individual bets is sometimes even higher.
Single bet wins are calculated by simply multiplying the bet by the odds, and the resulting amount is credited to the betting account if the forecast is correct.
Combined rate
Singles at Betting in Kenya generally offer the highest odds of winning, but the winnings that can be generated with a single tip are naturally limited - multiples can only be achieved with single bets with tips for outright outsiders.
On the other hand, in a combined bet, you are betting on at least two different betting events with the same bet, only if all predictions are correct, the combined bet is won and the bet is paid out.
The maximum number of betting events that can be combined with each other depends on the respective betting provider and the respective betting rules.
To calculate the winnings in the combined bets, the bet is multiplied by the corresponding odds of all tips in the combined bet, and the total is credited to the betting account if successful.
Thus, the combined rates offer the opportunity to make high profits at relatively low rates.
On the other hand, of course, there is a higher risk than a single bet, even one wrong advice in a combined bet results in a complete loss of the bet.
However, combination bets are by far the most popular sports betting in German bookmakers - bookmakers generate about 80% of all bets with so-called combined bets.
System rate
With a system bet, you systematically combine any number of combined bets.
Thus, systemic bets should be understood as a further development of combination bets, offering the possibility of placing a large number of linked combination bets in one step with relatively little effort.
Due to the complexity of the system bet and the relatively time consuming calculation of bets and wins, system bets are especially suitable for experienced sports bettors, beginners should familiarize themselves with the subject first.